Supply Chain Sustainability | Retail Business

Companies involved in any business need to protect their brand and manage the supply chain risks to demonstrate compliance, good corporate social responsibility and meet legal compliance.

So, to become an ethical supply chain, it has to meet the national & international requirements in terms of Social Accountability, Safety, Environment & Energy, Business Ethics.

Ethical Supply chain helps to become competitive, reputable and reduce supply chain disruption. This helps them to achieve supply chain sustainability.

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The Supply Chain Audits offer continuous monitoring of suppliers from a neutral body. This serves as a proof to all stakeholders, top management and external parties that an efficient system for continuous improvement is in place and is a serious corporate objective.

This also ensures better regulatory compliance and can be an improvement tool to achieve a competitive edge.

Our audits are customizable, allowing each client to structure the audit and audit report as they like. Examples include company requirements/expectations, applicable legal and regulatory requirements, best practices on Social Accountability, Safety, Environment & Energy, Business Ethics.

Apart from Ethical Supply Chain Audit, the scope may include subjects like Quality, Business Continuity, Information Security.

Supply chain Audits are particularly aimed at all levels of an organization where supplier management is a critical matter for the performance of the organization; this can include manufacturing, construction, logistics, aviation, automobile industry etc… An independent audit is recommended for all supply companies and organizations to discover areas of improvement in supplying services and products.

Responsible Sourcing or Sustainable Sourcing is the integration of social, ethical and environmental performance factors into the entire supply chain of any product or commodity – from cradle to shelf.

Responsible sourcing is important for global supply chains to expand into developing countries seeking lower costs and greater production capacity.

In absence of a responsible or sustainable supply chain, brands may face business risks like supply disruption, cost volatility, compliance with local laws and regulations, and above all brand reputation.

Companies are expected to meet the growing expectations of their stakeholders like customers, shareholders, employees, Pressure Groups, trade unions and statutory bodies.

As a Supply Chain Sustainability Consulting firm, we help organisations to achieve the ultimate goal of Sustainable Sourcing – to build strong, long-term relationships with suppliers and stakeholders.